USDe News

The Ethena community is currently reviewing a proposal from crypto market maker Wintermute to activate a fee switch within the protocol. In the Nov. 6 proposal, Wintermute highlighted the lack of clarity regarding the revenue distribution for...

"Given the uncertainty, Maelstrom has 5% of the fund in staked USDe (Ethena USD), earning roughly 13%," Hayes told CoinDesk.

If the proposal is approved, SOL will join BTC and ETH within Ethena's collateral mix.

Ethena Labs, the developer of the “synthetic dollar” USDe, revealed that the community is reviewing a proposal to launch a decentralized crypto exchange to drive the asset’s growth. Ethereal On Sept. 30, Ethena community member Fells0x proposed the...

Ethena Labs has recently released its latest product. It is the fiat-backed stable coin is known as the UStb.

Ethena Labs has announced the introduction of UStb, a new stablecoin fully backed by BlackRock’s on-chain BUIDL fund, developed in partnership with Securitize. This product is an additional fiat stablecoin alongside USDe, offering a differentiated...

Ethena Labs has announced the introduction of UStb, a new stablecoin fully backed by BlackRock’s on-chain BUIDL fund, developed in partnership with Securitize. This product is an additional fiat stablecoin alongside USDe, offering a differentiated...

Reserves for UStb will be invested in BUIDL, which in turn holds U.S. dollars, U.S. Treasury bills, and repurchase agreements.

Pichi has partnered with Mantle to facilitate the discovery of the tokens prices before and after the Token Discovery Event.

USDT continues to dominate the $165.01 billion stablecoin market, holding 69.66% market share with a $114.5 billion market cap.